XTX Topco Ltd Buys New Position in Cimpress plc (NASDAQ:CMPR)

Key Points

• XTX Topco Ltd has acquired 23,694 shares of Cimpress plc (NASDAQ:CMPR), valued at approximately $1,072,000, marking its new position in the company.
• After several institutional investors increased or established positions in Cimpress, about 77.64% of the stock is now owned by these investors.
• Cimpress reported a quarterly earnings miss with a loss of $1.02 EPS, although revenue surpassed expectations at $869.48 million.

XTX Topco Ltd acquired a new stake in Cimpress plc (NASDAQ:CMPR - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 23,694 shares of the business services provider's stock, valued at approximately $1,072,000. XTX Topco Ltd owned 0.09% of Cimpress at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Cimpress by 2.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,710 shares of the business services provider's stock worth $696,000 after acquiring an additional 267 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of Cimpress by 9.0% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 4,112 shares of the business services provider's stock worth $295,000 after acquiring an additional 341 shares in the last quarter. Signaturefd LLC increased its position in shares of Cimpress by 341.6% during the first quarter. Signaturefd LLC now owns 605 shares of the business services provider's stock worth $27,000 after acquiring an additional 468 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Cimpress by 8.7% during the fourth quarter. MetLife Investment Management LLC now owns 10,388 shares of the business services provider's stock worth $745,000 after acquiring an additional 830 shares in the last quarter. Finally, Prudential Financial Inc. grew its position in Cimpress by 36.4% in the fourth quarter. Prudential Financial Inc. now owns 3,707 shares of the business services provider's stock valued at $266,000 after purchasing an additional 990 shares in the last quarter. 77.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CMPR has been the subject of a number of analyst reports. Truist Financial set a $74.00 target price on shares of Cimpress and gave the company a "buy" rating in a research report on Wednesday, July 30th. Wall Street Zen raised shares of Cimpress from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Barrington Research raised their target price on shares of Cimpress from $65.00 to $70.00 and gave the company an "outperform" rating in a research report on Monday.

Cimpress Stock Up 1.3%

Shares of NASDAQ:CMPR traded up $0.69 during midday trading on Monday, hitting $53.88. The stock had a trading volume of 313,397 shares, compared to its average volume of 241,381. The company's 50-day moving average price is $46.45 and its 200-day moving average price is $48.05. The company has a market capitalization of $1.34 billion, a P/E ratio of 105.65 and a beta of 1.70. Cimpress plc has a fifty-two week low of $35.21 and a fifty-two week high of $102.22.

Cimpress (NASDAQ:CMPR - Get Free Report) last posted its earnings results on Tuesday, July 29th. The business services provider reported ($1.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.97 by ($1.99). Cimpress had a negative return on equity of 2.67% and a net margin of 0.44%. The business had revenue of $869.48 million for the quarter, compared to the consensus estimate of $844.24 million. Research analysts expect that Cimpress plc will post 3.69 EPS for the current fiscal year.

Cimpress Company Profile

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.